Retail property specialist TILLI City Immobilien has brokered the lease for a new Scotch & Soda store at Friedrichstrasse 11-13 in Westerland on the island of Sylt. Scotch & Soda has secured around 180 square meters of retail space and the new store is scheduled to open in July 2020.
Elisabeth Michalowski and Tina Maren Below, managing partners at TILLI City Immobilien, were given an exclusive mandate by Scotch & Soda to conduct negotiations with landlords for COVID-19 concessions at 22 stores in Germany and Austria. Scotch & Soda has not yet closed any of its stores due to COVID-19 and is planning to continue its expansion strategy in Germany.
Scotch & Soda
Scotch & Soda was founded in Amsterdam in 1985 as a menswear brand. Today the collection also includes ladies and children’s fashions, jeans, fragrances and accessories.
Scotch & Soda products are currently available from more than 7,000 selected retailers around the world. The company also has more than 240 own stores, 30 of which are in Germany.
TILLI City Immobilien
TILLI City Immobilien was established by retail property experts Elisabeth Michalowski (43) and Tina Maren Below (40) in Cologne at the beginning of 2020. The two managing partners share more than 40 years of experience in the property sector, and both have experience in all segments of the business. The company is a nationwide retail property specialist serving a client base of retail property owners and tenants, as well as investors and property developers, with a focus on prime retail locations in Germany. It advises retailers and food & beverage business operators on location sourcing, as well as the leasing and sale of primarily retail properties. Elisabeth Michalowski and Tina Maren also provide advisory and ideation services to clients in connection with property repurposing, refurbishment and development.
You can find further information about TILLI City Im-mobilien on the website at www.tilli-cityimmobilien.de.